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  "documentTitle": "Clear Secure, Inc. (YOU)",
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  "notes": "Uses a comparison of 2019 vs 2025 pricing to demonstrate the reduction in value for United MileagePlus members.",
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      "text": "United Airlines owned warrants in CLEAR that could be exercised if certain performance conditions were met. All of the warrants were exercised or expired in 2024 and United no longer discloses CLEAR as an investment in its 10-K.",
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      "text": "membership discount: -39%",
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      "text": "In January, we renewed our multiyear partnership with United Airlines, exemplifying the power of collaborative innovation. Together, we are focused on bringing new technology to enable friction-free travel experiences to United travelers.",
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      "text": "In January, we renewed our multiyear partnership with United Airlines, exemplifying the power of collaborative innovation. Together, we are focused on bringing new technology to enable friction-free travel experiences to United travelers. — CEO, Q4 2022 on March 1, 2023",
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      "text": "Source: United MileagePlus preferred rates (2019) vs. today, United cuts CLEAR benefit, United 2023 vs. 2024 10-K.",
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      "text": "We Also Believe The United Airlines Partnership Is Weakening...",
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